This is a most excellent place for technology news and articles.
They would say that at this stage. They are still working on getting the law overturned by courts and threat of shutdown mobilizes people against the law in a way that selling it wouldn't.
When the time comes to shut down they will probably do some paper work fuckery that technically makes it an Irish company but doesn't change the people in the company.
Call their bluff
It's probably not a bluff. They've pretty much saturated the U.S. market; there's not much room left to grow here. It would make more sense to focus their efforts on growing in other regions where they have plenty of headroom to increase their userbase and monetization. Depending on how things play out, they could match their current revenue in a matter of years and still have room left to grow. There's also the potential to re-enter the U.S. market down the line. Why would they throw that all away and essentially create their own competitor by selling their core technology and diluting/confusing their brand with whatever U.S. company they sell to?
They’ve pretty much saturated the U.S. market; there’s not much room left to grow here
That... doesn't make sense to me. So because there's no room to grow, they pull out of the U.S. and lose the likely ~$1 bil spent on digital stickers for live streamers?
Another example of the falling US influence.
Nah, they'll sell. It would be foolish for them to admit it publicly, that would drive down the price. They'd also lose influence in the American media landscape if they killed TikTok. Finally, they're fighting this law in the courts, and admitting they'd sell if forced too would be weakening their position. It's not like selling would really hamper CCP control all that much, they'd just send texts to people's personal phones when they need something instead of sending official emails.
I think this is a good move honestly, they want it to be an algo similar to meta which you know is terrible, meta is like mostly dudes saying gen Z men are AWAKE and hate LGBT people and tate clips. They seem to have much less success in the algorithm on tiktok
US should call their bluff. If Tiktok gets banned, people will complain for a little bit until people forget and move on to what's next. Why doesn't an American company make something that's practically identical? People will be all desperate for their 5 second dopamine rush that they will download anything.
Vine.co returns!
I think Elon might just do that based on what I've been reading.
As I recall, the guy who makes Pixelfed (dansup?) is also working on a vine clone called loops. It looks like the site is https://loops.video/ Doesn't appear to be operational yet.
They can't, the algorithm is the best part about tiktok and none of the competitors come close.
That's interesting, what's so clever or original about its algorithm?
They should redirect US users to a walled garden that says "Trump is against the ban. Vote Trump 2024" and see how quickly they reverse this. Oh political interference? Trump is all about that too.
Oh man, imagine what hellscape awaits us under a second Trump administration. Glory to Arstotzka!
Y'all are dumb as hell for supporting this bill. It doesn't just ban tiktok, it applies to any app with 20% or more ownership by any person/entity from a country that is a "foreign adversary".
A lot of the users here are just butthurt anti social media people, not actually principled free speech or rule of law advocates. This ban is arguably unconstitutional and TikTok is being targeted for purely political reasons, not because of any credible threat to "national security." This is some Patriot Act level overreach bullshit, but the clueless mainstream just clamors for it because CNN/Fox spends hours of airtime decrying the dangers of TikTok, and a fraction doing the same for Meta/X/Reddit.
TikTok is literally controlled directly by the Chinese government, which is officially considered a foreign adversary (for a good reason)
Source?
There are more than enough sources, just google "TikTok Chinese government influence". Just a few examples:
https://www.forbes.com/sites/iainmartin/2023/07/26/tiktok-chinese-propaganda-ads-europe/
https://www.axios.com/2024/03/11/tiktok-china-us-elections-influence
Also, just think about it: The CCP loves spreading propaganda. There's a massive social media platform controlled by China, which is used by young people in foreign adversary nations. Why wouldn't they leverage this platform to spread their lies and influence people? It's literally the perfect opportunity.
Wow. How predictable. Nothing you posted has anything to do with the Chinese government "literally directly controlling" TikTok, despite those being the exact words you chose and used.
Instead, you posted one story about TikTok in Europe running ads by the CCP, and two about the CCP using accounts on TikTok.
It's a well known fact that the CCP runs accounts on Reddit and other socials. TikTok accepting and running ads from the CCP in Europe is a European problem. Could be addressed by updated regulations around ads, idk, I'm not European. Meta could run ads from the CCP or Russia in Europe, perhaps? Or maybe TikTok broke European advertising regulations. Still, has nothing to do with the USA.
So again, you people are repeating US intelligence propaganda about the Chinese government "owning and controlling" TikTok and then posting "proof" that proves nothing.
Try again?
It's painfully apparent you have a fundamental lack of understanding of how the CCP works in relation to companies in China. Or how they behave on the world stage outside of your ech chamber. If they operate in a critical sector, they are controlled by the CCP. I mean, you do accept that the CCP is an oppressive, authoritarian regime, right? If you don't accept that, then we can't carry on because you're not in the same reality or arguing in bad faith.
And before the defense: "but they're really capitalists" - yeah, so what? Errybody greedy. Still doesn't change that the CCP is an authoritarian regime. I have the feeling that no matter what, you're going to move the goalposts because, I dunno, America bad? (and yeah, we've got a lot to account for and I'm no 'merica cheerleader). And no amount of evidence will sway you.
May you have the day you deserve.
That's all platform agnostic. You think they didn't have accounts and ads on every major service?
Not sure if you’ve been paying attention but citizens have no say over stuff like this. 99% of the politicians in office were placed there by rich people - they have the only true votes. The bill included money to Ukraine (great), and Israel (WTF), and Taiwan, and TikTok. It shouldn’t be legal to package all that stuff together, but it’s pretty standard. Anyway not sure who you’re talking to - there are like a few hundred politicians who supported this bill, most of them probably for other reasons, and none of them are on Lemmy.
They'd basically instantly be undermining literally every narrative they were trying to push about this by doing that lol
All those kids that were defending the shit TikTok pulls because "well American companies do it too!" are really gonna have to get that egg off their faces
